S.D. Codified Laws § 10-45-20.2

Current through the 2024 Legislative Session

Section 10-45-20.2 - Exemption of payments between members of controlled group-Reimbursement for third-party services to group

Payments made by one member of a controlled group to another member of a controlled group which represent an allocation, reimbursement or charge for third-party services rendered to the controlled group and upon which a sales or use tax has been paid may not be considered as gross receipts under this chapter.

SDCL 10-45-20.2

SL 1983, ch 93, § 2.